Malaysia, Laos forge strategic rail-sea trade link
Malaysia, Laos forge strategic rail-sea trade link PUTRAJAYA (May 25): Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea, with the exchange of a memorandum of cooperation (MOC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here on Sunday. The MOC was exchanged between MMC Port Holdings Sdn Bhd chief executive [...]
26/05/2025
Asean must keep joining global supply chains, Thai minister says
Asean must keep joining global supply chains, Thai minister says (May 26): Southeast Asian nations should look at ways to further integrate their supply chains regionally and around the world to reap the benefits of economies of scale and gain access to larger markets, Thailand’s foreign minister said. Some countries in the region are already working together to produce more [...]
26/05/2025
BNM expects front-loaded export momentum to taper off in coming months
BNM expects front-loaded export momentum to taper off in coming months Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour: We have already observed signs of front-loading in E&E exports as firms try to soften the impact of tariff-related risks. (Photo by Shahrin Yahya/The Edge) KUALA LUMPUR (May 16): Bank Negara Malaysia (BNM) expects the front-loading of exports — especially [...]
18/05/2025
Malaysia’s economic growth slows to 4.4% in 1Q as exports decelerate, official data show
Malaysia's economic growth slows to 4.4% in 1Q as exports decelerate, official data show Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour (right) and chief statistician Datuk Seri Dr Mohd Uzir Mahidin at a press conference. Gross domestic product grew 4.4% in January-March compared to the same quarter in 2024, the central bank announced on Friday. (Photo by Shahrin [...]
18/05/2025
APEC adopts joint statement on trade as tariffs overshadow meeting
APEC adopts joint statement on trade as tariffs overshadow meeting South Korea’s Trade Minister Cheong In-kyo speaks during the opening ceremony of Apec Ministers Responsible for Trade Meeting at International Convention Center in Seogwipo on Jeju island, South Korea on Thursday, May 15, 2025. (Photo by Kim Hong-Ji/Reuters) SEOGWIPO, South Korea (May 16): The Asia-Pacific Economic Cooperation's (Apec) trade gathering [...]
18/05/2025
Drewry: Global container volumes to drop 1% on Trump tariffs
Drewry: Global container volumes to drop 1% on Trump tariffs. Just third annual drop since 1979 President Donald Trump’s tariff war is expected to cut global container volume by 1% in 2025, Drewry said, only the third such forecast in its history. That would amount to approximately 1.8 million twenty-foot equivalent units based on worldwide container traffic of 183.2 million [...]
27/04/2025
Vietnamese exporters set to benefit from global supply chain changes
Vietnamese exporters set to benefit from global supply chain changes Trucks parked inside the premises of a Samsung Electronics Co. Plant at the Yen Phong Industrial Park in Bac Ninh, Vietnam, on Monday, April 7, 2025. Vietnamese exporters have built a strong foothold in labour-intensive industries, particularly textiles and electronics assembly. - Bloomberg HO CHI MINH CITY: Vietnam is well [...]
27/04/2025
Pakistan ceases all trade with India
Pakistan ceases all trade with India Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw 520 port calls of vessels between Pakistan and India, according to data from [...]
27/04/2025
DHL temporarily suspends B2C shipments over $800 to US
DHL temporarily suspends B2C shipments over $800 to US. Change to US import rules leads to massive increase in customs workload, transit delays Integrated logistics company DHL on Monday will temporarily suspend e-commerce shipments to individuals in the United States when the declared customs value exceeds $800 because import specialists are overwhelmed filing extra documentation after U.S. customs authorities lowered [...]
22/04/2025
Trump trade war halts ships, strands empty containers
Trump trade war halts ships, strands empty containers. Tariffs firm up rates as nervous importers frontload Container shipping, the linchpin of global trade, has been thrown into turmoil once again as President Donald Trump’s trade war continues to escalate. Recent weeks have seen a dizzying array of tariff announcements, exemptions and retractions, leaving shippers and importers struggling to keep pace [...]
22/04/2025
